MAC EQUIPMENT & STEEL CO. (VT) - 2020 PPP Loan Borrower Profile (# 5090177103)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to MAC EQUIPMENT & STEEL CO.. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.

You can see similar information for other borrowers in Vermont.

Loan Detail

Loan Number

5090177103

SBA Office Code

0150

Processing Method

PPP

Curent Loan Amount

$81,685

Date Loan was Approved

Apr 13, 2020

Amount Forgiven

$82,506.39

Date Loan was Forgiven

Apr 22, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

81,685

Lender

TD Bank, National Association

Business Detail

Business Type

Subchapter S Corporation

NAICS

562119

Borrower Location

RUTLAND, VT

Project Location

RUTLAND, VT

Rural/Urban

Rural

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Unanswered

Data Source: SBA.